Wealth Management
Top stories summarized by our editors
7/20/2018

Small business owners can maximize their qualified business income deduction under the new tax law by setting up a qualified retirement plan.

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Tax Insider
7/20/2018

A data analytics company, Hedgeness, has developed a tool that can help financial professionals compare variable annuity guaranteed lifetime withdrawal benefits riders. The GLWB value indicator produces a standardized expense-to-benefit ratio that can be used to make comparisons.

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GLWB
7/20/2018

Research shows use of target-date funds is growing, with around half of savers putting all of their money in a single target-date fund in 2017, according to Vanguard. Few investors understand that target-date funds have higher fees and may carry more risk than index funds, writes Nir Kaissar of Unison Advisors.

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Nir Kaissar, Vanguard
7/20/2018

Many advisors are making inaccurate assumptions about their clients' views on charitable giving, according to a survey from the U.S. Trust. "Advisors who approach these conversations in a meaningful way -- focusing on personal goals and passions as well as the more technical aspects of giving -- are more likely to satisfy their clients' philanthropic needs while also growing their business," said Claire Costello of the U.S. Trust.

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U.S. Trust, Claire Costello
7/20/2018

Digital tools that are visually dynamic and interactive can help advisors make more informed decisions when building a client portfolio, while also fostering engagement with clients, writes Matt Matrisian of AssetMark. Clients may be more likely to interact with advisors through the use of intuitive visual analytics, suggests Matrisian.

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WealthManagement
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Matt Matrisian
7/20/2018

A recent study found anxiety in middle age could increase the likelihood of developing dementia in old age, writes attorney Letha Sgritta McDowell. She highlights 10 signs from the Alzheimer's Association for advisors to look out for in their clients.

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WealthManagement
7/20/2018

To film the perfect online marketing video, advisers can't think about themselves; they have to think about helping the person who will watch the video, writes Greg Rollett of Ambitious. The producer and TV host recommends that advisers forget about selling their products and instead focus on helping prospects overcome their financial challenges.

7/19/2018

Unexpected fees can build up over time and have a significant impact on retirement savings. Here are 10 fees and other costs to consider, including those relating to retirement accounts, home repairs and health care.

7/19/2018

It's simpler to bring in new clients by improving service for current clients than using resources to prospect, writes Bryce Sanders of Perceptive Business Solutions. He recommends that advisors conduct face-to-face relationship reviews with clients and offers a step-by-step approach that can lead to referrals.

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Bryce Sanders
7/19/2018

A course at the University of Oxford's business school will provide an introduction to algorithmic trading besides its existing advanced courses on machine learning.

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Oxford University